HNTY(SH:600698)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 128,322,602, representing a year-on-year increase of 47.91%[5] - The net profit attributable to shareholders for Q3 2023 was CNY 3,245,043.81, a significant increase of 2,235.64% compared to the same period last year[5] - The net profit for the third quarter of 2023 reached CNY 4,304,552.12, a significant increase compared to CNY 256,848.81 in the same period last year, representing a growth of approximately 1,577%[22] - Operating profit for the third quarter was CNY 3,473,272.38, compared to a loss of CNY 333,125.58 in the previous year, indicating a turnaround in performance[22] - Total revenue from operating activities for the first three quarters of 2023 was CNY 148,745,438.97, down from CNY 181,022,707.58 in the same period of 2022, reflecting a decrease of approximately 17.8%[25] - The company reported a total comprehensive income of CNY 4,304,552.12 for the third quarter, compared to CNY 256,848.81 in the same quarter last year[23] Profitability Metrics - The basic earnings per share for Q3 2023 was CNY 0.003, an increase of 2,900% compared to the same period last year[6] - Basic and diluted earnings per share for the third quarter were both CNY 0.004, up from CNY 0.0002 in the previous year[23] - The weighted average return on equity for Q3 2023 was 0.42%, an increase of 0.4 percentage points compared to the previous year[6] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 1,207,877,221.68, reflecting a growth of 13.87% compared to the end of the previous year[6] - Total assets as of September 30, 2023, were RMB 1,207,877,221.68, up from RMB 1,060,769,890.40 at the end of 2022, representing a growth of approximately 13.9%[17] - Total liabilities increased to RMB 443,328,153.98 as of September 30, 2023, compared to RMB 300,275,224.13 at the end of 2022, indicating an increase of about 47.6%[17] - The company's total equity as of September 30, 2023, was RMB 764,549,067.70, slightly up from RMB 760,494,666.27 at the end of 2022, indicating a marginal increase of about 0.7%[18] Cash Flow - The cash flow from operating activities for the year-to-date was CNY -25,358,700.10, indicating a significant decrease in cash inflow[6] - The net cash flow from operating activities for the first three quarters was negative at CNY -25,358,700.10, compared to a positive CNY 33,615,763.88 in the previous year[25] - Cash and cash equivalents at the end of the period stood at CNY 263,323,675.15, down from CNY 318,997,518.53 at the end of the previous year[26] - The company's cash and cash equivalents as of September 30, 2023, amounted to RMB 326,702,221.44, down from RMB 351,946,852.44 at the end of 2022, reflecting a decrease of approximately 7.2%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 85,153[12] Costs and Expenses - Total operating costs for the first three quarters of 2023 were RMB 365,980,868.57, compared to RMB 253,108,040.36 in 2022, indicating an increase of about 44.8%[21] - Research and development expenses increased to CNY 9,929,174.82 from CNY 7,924,841.23, marking a rise of about 25.3% year-over-year[22] Government Support - The company reported a government subsidy of CNY 6,593,287.98, contributing positively to the financial results[8] Inventory and Receivables - Accounts receivable increased to RMB 262,571,717.71 as of September 30, 2023, compared to RMB 155,980,841.67 at the end of 2022, marking an increase of about 68.3%[16] - The company’s inventory as of September 30, 2023, was RMB 112,983,750.26, compared to RMB 108,674,587.71 at the end of 2022, showing an increase of approximately 3.0%[16]